The EU has warned the US of "harsh measures" in response if Trump imposes tariffs, according to Bloomberg.

U.S. President Donald Trump announced that the States will impose tariffs on goods from the EU. In response, the European Union stated that it would take "tough measures" if this happens. This was reported by Bloomberg, as noted by UNN.

Details

As the publication points out, the European Commission and EU member countries will discuss this possibility on Tuesday at a trade ministers' meeting in Warsaw.

A representative of the Commission stated that at this stage, the European Union was unaware of any new tariffs being imposed on EU products, emphasizing that trade and investment relations with the U.S. are the largest in the world. He noted that the use of tariffs has been "harmful to all parties," and the EU regrets Trump's decision to impose them on Canada, Mexico, and China.

It is worth mentioning that German Chancellor Olaf Scholz said it is important not to divide the world with new trade barriers, as globalization benefits everyone. At the same time, in response to Trump's remarks, the German Chancellor stated that the EU has "room to maneuver" as a major economic power.

Reminder

The U.S. President signed three decrees imposing new customs tariffs on imports from Canada, Mexico, and China. American importers will pay an additional 25% tax on goods from Canada and Mexico and 10% on Chinese products.